News From Press Insurers' Covid-related health claims outgo falls 35% in July-Sept quarter

Insurers' Covid-related health claims outgo falls 35% in July-Sept quarter

Source: BS Oct 20, 2021

After the second wave of the pandemic, general and health insurers have seen a fall in their outgo of Covid-related health claims.

In the July-September quarter (Q2 of FY22), insurers settled a little over Rs 5,000 crore worth of Covid health claims. This is 35 per cent lower than the Rs 7,700 crore worth of claims they settled in Q1, sources said.

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